Renesas Electronics Acquires Celeno Communications

December 20, 2021

Renesas Electronics Corporation completed the acquisition of Celeno Communications on December 20, 2021, for approximately US$315 million, with payments to be made progressively upon achieving certain milestones. Celeno — an Israel‑based developer of advanced Wi‑Fi chipsets and software (including Wi‑Fi 6/6E solutions and Doppler Imaging technology) — becomes a wholly owned subsidiary of Renesas, expanding Renesas' connectivity and Wi‑Fi product portfolio for IoT, industrial, home networking and automotive applications.

Buyers
Renesas Electronics Corporation
Targets
Celeno Communications
Location
Central District, Israel
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.